Stocks End Narrowly Mixed, Dow at Record -- Market Fatigued After Post-Fed Rally, Data Miss


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Wall Street took a breather after Wednesday's impressive post-Federal Reserve meeting rally, although a late effort landed the Dow Industrials at a fresh record high--barely. The S&P 500 and Nasdaq lagged, ending narrowly in negative territory and unable to extend yesterday's gains after disappointing housing market data and an unexpected jump in jobless claims rekindled concerns over the economy. Now that the FOMC has initiated the long-debated bond-buying taper, markets can focus on the state of the economy, responding negatively today to bearish data.

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This article appears in: Investing , Commodities

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